Property prices for sale in Idaho Springs (Colorado)
The prices in real estate in Idaho Springs, in the Colorado region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Idaho Springs has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,690. In the following month the price per sq.feet increased considerably to $2,957. The price for the following two months in (January, February) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable increase of 509 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,337.75 to $6,809 during March, and April.
Based upon to the price in Idaho Springs (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $650,544. In December This price remains at $619,918. During the following two months (January, February) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $690,908.75 to $577,990.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $690,372 they are 56 % more affordable than the average price for Idaho Springs. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $787,530.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $313 / sq.feet, with an average $746 / sq.feet price in Idaho Springs. The properties with the lowest average prices have 2 bedrooms. They are 44 % cheaper than the average followed by properties with 3 bedrooms with a price at $378 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $690,372 it is 76 % cheaper than the average price in Idaho Springs. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $825,801 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $396 / sq.feet followed by "Detached House" priced at $397 / sq.feet. "Land" is the most costly type of property with a $40,077 / sq.feet cost followed by "Detached House" with an average price of $397 / sq.feet.
